Regulatory Reporting Job Description
Regulatory reporting
provides the day to day processing to maintain proper tax reporting and withholding for Equities and Fixed Income events.
Regulatory Reporting Duties & Responsibilities
To write an effective regulatory reporting job description, begin by listing detailed duties, responsibilities and expectations. We have included regulatory reporting job description templates that you can modify and use.
Sample responsibilities for this position include:
Assisting in the running of the quarterly external regulatory reporting process, including a review of legacy PRA returns and CoRep reporting
Challenging the existing regulatory reporting processes and data to identify improvements
Assist in the contribution of proposed system design solutions, and the testing, implementation of new regulatory reporting systems and processes
Managing the Leverage Ratio reporting and assist in delivering leverage ratio reduction initiatives
Working in partnership with the change function to test and implement solutions and participate in initiatives to provide improvements and infrastructure change
Provide direction and support to the remote production team located in Pune, India
Assist in the management of recurring Audit commitments and Operational risk
Maintain collaboration agreements with stakeholders
Assist in coordinating the data aggregation within various infrastructure areas within the IHC
Assist in developing a data governance and attestation framework for Regulatory Capital program and coordinate efforts with other areas feeding into regulatory capital process
Regulatory Reporting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Regulatory Reporting
List any licenses or certifications required by the position: CPA, CFA, MBA, CIA, PGDBM, PMP, CA, ITIL, 9001, ISO
Education for Regulatory Reporting
Typically a job would require a certain level of education.
Employers hiring for the regulatory reporting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business/Administration, Business, Economics, Technical, Education, MBA, Science, Public Accounting
Skills for Regulatory Reporting
Desired skills for regulatory reporting include:
Excel
Regulatory reporting
PowerPoint
US GAAP
Financial products
Equities
Fixed Income
Excel and Word
SQL
Trade lifecycle
Desired experience for regulatory reporting includes:
Attention to detail and time management are essential skills for this role
Strong attention to detail to support process and report documentation
Effective and confident communication with stakeholders
Ability to work independently and also in teamwork
Experience in accounting/finance within a Financial Institution
A creative mindset to develop and analyze alternative solutions and make recommendations
Regulatory Reporting Examples
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Regulatory Reporting Job Description
Job Description Example
Our innovative and growing company is hiring for a regulatory reporting. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for regulatory reporting
- Assist in develop robust internal controls governing Reg Cap including policies and procedures
- Produce Bank Of England (BOE) reporting forms like Form BT, ELS, AD, AL, BE, CA, CC, CL & CX
- Manage the maintenance and development of all regulatory documentation
- Aide business area in assessing, documenting and implementing the reporting treatment of new products
- Prepare analysis for management updates
- Provide experienced regulatory analysis around EMIR
- Provide support around transaction data required for Collateral and Valuation Reporting
- Produce functional specifications for proposals to regulatory requirements
- Cover gaps across the regulatory programme, producing impact assessments for changes in reg or further clarifications
- Assisting with the preparation of regulatory reports (FFIEC 041-Call Report, FFIEC 101, FR 2900, FR 2915, FR 2644, FR Y-8, FR2028, FR2420), ensuring that appropriate auditable documentation for all reports exists
Qualifications for regulatory reporting
- Renovating regulatory processes
- Leading responses to FCA/industry focused initiatives
- Calculate the relevant sections required of returns, such as Non-Standard Asset, Securitisation for submission to SARB within set deadlines
- Build stakeholder relationships, with Group Finance, Group Credit etc
- 3 years’ experience in the compilation of risk data and or financial returns to the SARB would be preferred
- Minimum 3 years of experience in financial services, management reporting
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Regulatory Reporting Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of regulatory reporting. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for regulatory reporting
- Assist in the development of the business architecture required to support the Intermediate Holding Company’s (IHC) regulatory reporting requirements
- Manage the IHC regulatory reporting for the reports the IHC will be required to complete (FR Y-9C, FR Y-11, FR 2314 and FFIEC 009)
- Work with compliance, risk and business to interpret regulatory trade reporting requirements and apply it to the processes and controls that meet them
- Manage, prioritize and perform complex trade reporting in accordance with regulatory and company requirements, including the adherence to multiple written supervisory procedures
- Communicate risks and issues to leaders
- Create new processes and reports to support enhanced or changed reporting requirements
- Complete ad hoc analysis on trading and reporting
- Partner with internal and external business partners to research and resolve issues
- Project planning and timeline development, to ensure that projects are completed by applicable deadlines, to provide partners with reasonable advance notice of upcoming projects, and to ensure that design and translation resources are available when needed
- Copywriting, to ensure documents are as user-friendly as practical and to adapt language used in other projects or contexts as needed
Qualifications for regulatory reporting
- Team player, with ability to motivate other staff
- Graduate caliber (MBA) or equivalent work experience
- Strong experience of Basel III in a financial institution with detailed understanding of Capital and Financial Risk and the relevant control techniques both theory and its application in practice
- Experience with credit or market risk with a good understanding of traded market and credit risk exposure measurement (VaR, CVA, PFE, EPE)
- Experience in OTC clearing and familiarity with OTC Derivatives Clearing regulations
- Good awareness of trading and banking products to support line of business understanding of Basel III capital requirements
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Regulatory Reporting Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of regulatory reporting. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for regulatory reporting
- Preparation and submission regulatory reporting to both internal and external stakeholders including the FCA/PRA, EBA (CoRep), internal management
- To lead and provide guidance to the Singapore Regulatory Reporting team
- To provide effective oversight on Regulatory Reporting processes and ensure robust controls are in place in line with governance and controls framework
- Build effective processes to track and highlight key risks and issues to the regulatory reporting track force
- Manage, support and deliver implementation of changes to regulatory reporting as per guidelines specified by the regulator
- Manage and support finance projects (including system enhancements) with the objective of ensuring continuity of compliance to regulatory reporting requirements and enhancement of data quality and process efficiency
- Web posting, to ensure that all materials are maintained online for internal (head/back office and/or retail branch, as appropriate) and/or external audiences, as appropriate
- Post-mortem reporting, to determine changes in approach or planning on future projects
- Prepare the Daily SEC 15C3-1 regulatory capital calculation for the minimum net capital requirements for broker-dealers
- Monitor the daily cash balances of Customer Segregated Accounts to ensure regulatory compliance
Qualifications for regulatory reporting
- Demonstrated ability to adapt operations to new regulatory demands
- Demonstrated experience managing the implementation of new systems/applications
- Ability to provide examples of how industry is implementing relevant regulatory requirements and an awareness of the key challenges organizations face
- Experience working in a Risk Management Function, a change function or within a management consultancy
- Calculation and reporting of Basel 3 Market Risk and Counterparty Credit Risk RWAs relating to Asia legal entities’ to enable senior management, Treasury and front office COOs to monitor business levels and fluctuations on a daily basis
- Monitor inter-company large exposures within business limits on a daily basis
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Regulatory Reporting Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of regulatory reporting. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for regulatory reporting
- Supervise UAT testing for report built in AXIOM
- Coordinate the data aggregation within various infrastructure areas within the IHC
- Developing a data governance and attestation framework for the FR Y-9C, FR Y-11, FR 2314 and FFIEC 009
- Interact with the FRB Supervisors on queries they may have on reports
- Perform analysis on the RWA calculation under Basel III standard approach
- Performance manage staff
- The Data Service Architect will focus on Core Database and Business Intelligence and must apply analysis skills and experience in principles of installation, configuration, availability, recoverability, scalability, performance tuning, to define appropriate customer solutions
- Ensuring current written procedures
- Contribution to relevant process re-engineering and automation initiatives
- Development/maintenance of procedure documentation
Qualifications for regulatory reporting
- Escalate daily RWA issues to line manager identifying root causes and propose mitigation actions
- Strong controls awareness via reconciliations and challenging what you do not understand
- Regulatory experience, in particular EMIR transaction reporting, trade clearing management, and workflow around lifecycle
- End to end experience of trade reporting
- 5 years of professional experience or college degree
- Experience with Hogan CIS
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Regulatory Reporting Job Description
Job Description Example
Our growing company is looking to fill the role of regulatory reporting. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for regulatory reporting
- Responsible for accurate large trader reporting in accordance with CFTC Form102
- Responsible for monitoring and problem solving with regards to FCA Transaction Reporting
- To assist in Customer Complaints, where appropriate
- To assist, where necessary, with reporting of Suspicious Activity Reports and Suspicious Transaction Reports
- To assist, where necessary, with Compliance KYC Audits and other Compliance related audits
- To assist in Worldcheck/Sanction Screening Analysis with Compliance KYC Audits and other Compliance related audits
- Responding to Annual and Adhoc Information Requests from Exchanges and other bodies
- Knowledge of FATCA and CRS would be an advantage
- To ensure proper functioning of day-to-day monitoring activities and highlighting internal / external trigger breaches to concerned units and senior management
- To ensure submission of the regulatory returns as per prescribed timelines and escalate in a timely manner for management action in case there are risks to the deliverables
Qualifications for regulatory reporting
- Demonstrates knowledge and usage of windows operating systems
- Demonstrates attention to quality control
- Demonstrates ability to calculate figures/amounts such as discounts, interest and percentages
- Knowledge in various state unclaimed property laws
- Regulatory experience, in particular EMIR transaction reporting
- 2 years of experience using Microsoft Office applications